In traditional finance, interest rates are set by central banks, but in decentralized finance (DeFi), the lack of a unified benchmark interest rate has always been a challenge. #Treehouse bridges this gap by introducing the DOR (Decentralized Offer Rate) mechanism.
@Treehouse Official 's DOR mechanism provides transparent and manipulation-resistant interest rate pricing through community consensus and decentralized oracles. This mechanism not only enhances the transparency of DeFi but also lays the foundation for the development of fixed income products.
As the native token of the protocol, participants can earn yields through staking, pay for DOR data fees, and participate in protocol governance. Understanding $TREE is key to understanding the future of the DeFi fixed income market.